ARTICLES LABELLED WITH TAG Budapest

News Futureal closes near 10,000 sqm in lease deals across Budapest
03
Mar
2025

Futureal closes near 10,000 sqm in lease deals across Budapest

by Property Forum
Futureal has announced the attraction of new tenants at its Budapest ONE and Corvin Innovation Campus office developments. The two complexes have collectively leased nearly 10,000 sqm of office space, bringing Budapest ONE to 98% occupancy and Corvin Innovation Campus to 86%.
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News Hungarian gov't backs out of "Maxi Dubai" project in Budapest
06
Feb
2025

Hungarian gov't backs out of "Maxi Dubai" project in Budapest

by Property Forum
The Hungarian government has recognised that Budapest’s municipally owned company exercised its pre-emption right over the Rákosrendező plot. Therefore, the megaproject by UAE-based Eagle Hills Group, dubbed "Maxi Dubai" in the local media, is effectively cancelled.
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News GTC & Numa Group launch first project in Hungary
04
Feb
2025

GTC & Numa Group launch first project in Hungary

by Property Forum
Digital hospitality platform Numa Group and GTC have announced their launch in Hungary with a flagship property in central Budapest. 
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News Cordia aims to complete over 1,000 apartments in Budapest this year
28
Jan
2025

Cordia aims to complete over 1,000 apartments in Budapest this year

by Property Forum
Hungarian developer Cordia plans to add over 1,000 apartments this year, in Budapest, with three-quarters of this supply hitting the market in the first quarter alone. This expansion will increase the availability of new homes in the city by 20% compared to the end-of-year stock.
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News Forestay Group & Recorde buy office building in Budapest
23
Jan
2025

Forestay Group & Recorde buy office building in Budapest

by Property Forum
Forestay Group and Recorde Asset Management have purchased a 10,200 sqm office building in central Budapest from Generali Real Estate for an undisclosed sum. 
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News Gránit Asset Management joins Hungary's Golden Visa Program
23
Jan
2025

Gránit Asset Management joins Hungary's Golden Visa Program

by Property Forum
Gránit Asset Management has been added to the Constitution Protection Office's list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary's real estate stock.   
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News Budapest office demand up 8% in 2024
21
Jan
2025

Budapest office demand up 8% in 2024

by Property Forum
Total office demand in Budapest rose by 8% year-on-year to 502,150 sqm during 2024, according to data from the Budapest Research Forum (BRF). 
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News UDI Group kicks off first resi project in Budapest
13
Jan
2025

UDI Group kicks off first resi project in Budapest

by Property Forum
Czech real estate developer Urban Developers and Investors Ltd. Group (UDI Group) is making its first investment in Hungary, in a Budapest-based residential project. 
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News Biggeorge Property makes land purchase in Budapest
07
Jan
2025

Biggeorge Property makes land purchase in Budapest

by Property Forum
Hungarian developer and investor Biggeorge Property Plc has purchased a 35,000 sqm development land plot in Budapest, from ECE, for an undisclosed sum.
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News Kálvin Square office in Budapest reaches near 100% occupancy
17
Dec
2024

Kálvin Square office in Budapest reaches near 100% occupancy

by Property Forum
Kálvin Square office building, managed by ConvergenCE, has achieved a near-record 99 percent lease occupancy.
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Latest news


New leases

  • Another fast-growing Polish company has picked Metropolitan Warsaw for its headquarters. Rock Capital, a leading retail park developer and investor in Poland, now occupies modern office space overlooking the Grand Theater and Moliera Street. The Rock Capital's new headquarters, designed by BIT CREATIVE studio and its founder Barnaba Grzelecki, spans 460 sqm of premium office space on the first floor.
  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process
  • Supeco, the discount format operated by the Carrefour Group, will open a new store spanning 1,300 sqm in FunShop Park Ploiești starting Q3 2025. With this new lease deal, Scallier’s retail project is now almost fully occupied.

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.

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